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Dec 6, 2012
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. >>> wall street had a good day overall with stocks surging for the first time this week. the dow rose 82 points yesterday to close above 13,000. and investors appeared optimistic after avoiding the fiscal cliff after president obama suggested that the deal could be reached in about a week. >>> the government issues a new warning today about those reverse mortgages. they are mortgages that give senior citizen homeowners an immediate cash payment in exchange for a future equity. today the obama administration will recommend that senoras be very careful before signing one. >>> star bucks is planning to open 1500 more cafes across the country over the next five years. averaging two new stores every day. that's america's money, i'm paula faris. >>> well, today many have been waiting for. the state of maryland begins issuing same sex marriage licenses today. we're live with more on this historic day. >>> on a mission for survivors, a man walks cross-country for those affected by the stroke. we're going to tell you where you can meet him today. >>> and one baltimore neighborhood
. >>> wall street had a good day overall with stocks surging for the first time this week. the dow rose 82 points yesterday to close above 13,000. and investors appeared optimistic after avoiding the fiscal cliff after president obama suggested that the deal could be reached in about a week. >>> the government issues a new warning today about those reverse mortgages. they are mortgages that give senior citizen homeowners an immediate cash payment in exchange for a future...
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Dec 6, 2012
12/12
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obama said yesterday that this could get done in about a week. i think he might be right. republicans see the writing on the wall when it comes to tax increases. what they're interested in now is making sure they get spending cuts to go along with the tax increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more immediate. considering that obama has been open to spending cuts in previous negotiations and says he is open to it now and republicans have changed from where they were a year ago when it comes to tax increases, i think it will not take too much to get their, although there are still obstacles. host: the $1.60 trillion and $800 billion are the opening numbers. where are we with those numbers now. have those numbers been altered? guest: i do not know if republicans have gone above $800. the question will be, will obama be able to get above $800. once you start talking about the $1 t
obama said yesterday that this could get done in about a week. i think he might be right. republicans see the writing on the wall when it comes to tax increases. what they're interested in now is making sure they get spending cuts to go along with the tax increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more...
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new york's governor did the same earlier this week. the president is committed to helping. >> he knows our work is not done anymore than the work in the states is done. >> reporter: president obama is expected to ask congress for $50 billion in storm relief. new york, new jersey, and connecticut say they need $83 billion. the deans say they'd be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape and get people in line with what they're doing. >> reporter: communities like this know they may have to fight for every dollar. in seaside heights, new jersey for wjz eyewitness news. >> for now, residents in seaside heights can only visit in the daylight. >>> the dutchess is back in the palace. she left the hospital today. the future queen spent lee days being treated for severe morning sickness. kate smiled as she entered a car that whisked her to kensington palace for more rest. media from around the world are following her every move. it will be a long 6 months. >>> coming up, an out of co
new york's governor did the same earlier this week. the president is committed to helping. >> he knows our work is not done anymore than the work in the states is done. >> reporter: president obama is expected to ask congress for $50 billion in storm relief. new york, new jersey, and connecticut say they need $83 billion. the deans say they'd be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape and get people in line...
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Dec 9, 2012
12/12
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WBAL
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tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter what. >> you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want a big spending cuts from programs like medicare and social security. >> we do not want to be here in another year or attend. >> on both sides of pennsylvania avenue, from main street to wall street, americans are waiting to see who will blink first. both are eager to wind down the crisis, but no one wants to walk away in defeat. , wbal-tv 11 news. >> an update on a former president in the hospital. >> former president george h. w. bush remained unstable condition for treatment of a bronchitis- related costs. and
tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter...
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Dec 6, 2012
12/12
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investors appeared optimistic president obama fiscal cliff deal be reached in about a week. today thee mortgages, obama administration will seniors be really careful before signing those. a new starbucks store is likely to a neighborhood near you. the coffee giant plans to open cafes across the country over the next five averaging two new stores a day. >> 6:26 right now. go in as a 2.5 point favorite. >> the goal is to secure a playoff spot. the baltimore ravens have a big challenge of defending against robert griffin iii third. >> he is still a danger of the of his rookie season, but the proready in of fame so to speak. he said the nfl season -- single record by a quarterback. in case you forgot already, thursday, they beat the giants 17-16. >> hockey returns to the verizon least for one night. the game starts at 7:00 and is sold out. welcome boost for businesses in the area. >> positive signs in the nfl -- nhl after a nine hour meeting between players and owners. >> a lot of issues. there continue to be some issues between the two parties. the players association meet to t
investors appeared optimistic president obama fiscal cliff deal be reached in about a week. today thee mortgages, obama administration will seniors be really careful before signing those. a new starbucks store is likely to a neighborhood near you. the coffee giant plans to open cafes across the country over the next five averaging two new stores a day. >> 6:26 right now. go in as a 2.5 point favorite. >> the goal is to secure a playoff spot. the baltimore ravens have a big challenge...
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new york's governor did the same earlier this week. they said the president is committed to helping. >> he knows that our work is not done any more than the work in the states is done. >> reporter: president obama is expected to ask congress for about $50 billion in storm relief. new york, new jersey and connecticut say they need $83 billion. the deans say they would be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape. and get people in line with what they're doing. with congress in the midst of intense budget talks, communities like this know, they may have to fight for every dollar. randall pinkston, wjz eyewitness news. >> and for now, seaside heights residents can only visit during daylight. but the mayor hopes they can start moving back by the end of january. >>> howard county police charge an aide with inappropriately touching three girls. the alleged assaults occur between 2009 and 2010 at columbia. clarence mills is facing three counts of sexual abuse of a minor. the girls, n
new york's governor did the same earlier this week. they said the president is committed to helping. >> he knows that our work is not done any more than the work in the states is done. >> reporter: president obama is expected to ask congress for about $50 billion in storm relief. new york, new jersey and connecticut say they need $83 billion. the deans say they would be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape....
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Dec 7, 2012
12/12
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CURRENT
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poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with senators and their guests. more "bill press" is coming up after our break. see you then. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. an impact beyond just informing. an impact that gets people to take action themselves. as a human being that's really important. this is not just a spectator sport. before the sneeze, help protect with a spray. before the tissue, help defend with a wipe. before the cold & flu season help prevent with lysol. because when you have 10 times more protection with each hand wash... and kill 99.9% of germs around the house with each spray... those healthy habits start to add up. this season, a good offense is the best defense
poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with senators and their guests. more "bill press" is coming up after our break. see you then. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about...
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Dec 9, 2012
12/12
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those are just some of the headlines for the week ahead. >> reporter: monday, president obama heads to michigan to visit an auto plant in redford. the president will speak about the economy in an effort to make the case for raising tax rates on wealthier americans. also monday, a court hearing will be held to discuss a new york city hotel maid sexual assault lawsuit against former international monetary fund chief dominique strauss-kahn. the former ims chief's lawyer saying the two sides should resolve the case. tuesday, giving back to military families. michelle obama will visit a dc military base to deliver toys and gifts to the marine corps toys for tots campaign. wednesday, the pope turns to social media. pope benedict xvi recently launched his own twitter page, and starting wednesday, the pope himself will begin to tweet. he'll respond to questions put to him about faith and belief by twitter users, asking the ask pontiff hashtag. thursday, violent protests against the new charter continue in egypt, mohammed morsi warns once it is passed, there should be no obstacle and everyone m
those are just some of the headlines for the week ahead. >> reporter: monday, president obama heads to michigan to visit an auto plant in redford. the president will speak about the economy in an effort to make the case for raising tax rates on wealthier americans. also monday, a court hearing will be held to discuss a new york city hotel maid sexual assault lawsuit against former international monetary fund chief dominique strauss-kahn. the former ims chief's lawyer saying the two sides...
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Dec 4, 2012
12/12
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this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is drive up inflation. every time we raise taxes, inflation goes up. we really need to go to something like a consumption tax. there's a lot of space out your that do not even haven't come taxes, and their roads are really nice and they do not have been come taxes. they live off other taxes. i think they need to try to fix this whole thing was out just keeping throwing money at it. increasing rates and all of this stuff, it's madness. host: we showed you what senate majority leader harry reid had to say it in reaction to last night proposal from speak
this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is...
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Dec 5, 2012
12/12
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. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to
. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls...
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Dec 10, 2012
12/12
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. >> president obama will take his fiscal cliff plan on the road. >> this is a key week for negotiations. this comes one day after the president met one-on-one with john boehner. >> hallie jackson has the latest. >> the president and speaker boehner did talk yesterday. if there is a deal, they have to sell it to their respective parties soon. time is running out. this is video of the meeting yesterday. a big sticking point is higher taxes for the wealthy. president obama heading out on the road. he will be keeping pressure on republicans. >> when was the last time the president and speaker boehner met one on one? >> they have talked since the election and on the phone. they talked one-on-one last summer during talks for the debt ceiling. >> hallie jackson, thank you. in a recent survey, about two- thirds of shoppers are spending differently this holiday season because of the fiscal cliff and other economic concerns. >> i am more practical. >> i'm trying to save more and less.uy >> many retailers are offering new discounts leading up to the holidays. >> the search continues for the person
. >> president obama will take his fiscal cliff plan on the road. >> this is a key week for negotiations. this comes one day after the president met one-on-one with john boehner. >> hallie jackson has the latest. >> the president and speaker boehner did talk yesterday. if there is a deal, they have to sell it to their respective parties soon. time is running out. this is video of the meeting yesterday. a big sticking point is higher taxes for the wealthy. president obama...
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Dec 3, 2012
12/12
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president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a look at the national weather, we turn to nbc meteorologist bill karins with the weather channel forecast. how's the flounder? >> flaky. very flaky. did you have a good weekend? >> i did. it was great. yours? >> people out there getting tans this weekend. the calendar goes to december -- >> i'm much darker. >> nice. good morning, everyone. incredibly warm air spread across the country. everyone that's east of the rockies can thank that huge california storm system. there was actually three of them. that pushed warm pacific air across the country. it cut off all the cold air from canada. it is warm from coast on to coast, incredibly
president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a...
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. >>> a look at the week ahead. president obama will travel to michigan tomorrow to push his plan for avoiding tax tax on middle class americans. he'll speak at the daimler detroit diesel plant. the president launched his public appeal on fiscal cliff negotiations and included a meeting with a family in arlington, virginia. >>> also tomorrow, the manassas city council will vote on whether to demonthly lish a 100-year-old house on prescott avenue. they say they've worked with the owner for years to bring the house up to code. the property owner is in her 80s and she says she hopes the house is not torn down. >>> rolling stone, paul mccartney and others will host a benefit concert for those affected by hurricane sandy. the concert is completely sold out and all the money will benefit the robin hood foundation. >>> of course, a big game in the day ahead. the redskins and the ravens face off in the battle of the beltways with a win today. the burgundy and gold could be tied atop the nfc east. kickoff is at 1:00. we'll h
. >>> a look at the week ahead. president obama will travel to michigan tomorrow to push his plan for avoiding tax tax on middle class americans. he'll speak at the daimler detroit diesel plant. the president launched his public appeal on fiscal cliff negotiations and included a meeting with a family in arlington, virginia. >>> also tomorrow, the manassas city council will vote on whether to demonthly lish a 100-year-old house on prescott avenue. they say they've worked...
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Dec 3, 2012
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there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not received very well by republicans on the hill. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid, and social security from imminent bankruptcy. the president's plan when it comes to entitlement reform is just quite frankly a joke so i don't think they're serious about finding a deal. >> so not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitel
there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not...
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Dec 4, 2012
12/12
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the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to have rates instead of just numbers. it's going to be interesting what he is doing but it appears he's not trying to come to any agreement. his position is one that the senate, the democratic senate, has rejected in the past. >> robert reish, 60% of americans according to a new abc news/"the washington post" poll believes they should raise taxes on those over $250,000 a year. presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are l
the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear...
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Dec 10, 2012
12/12
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. >> president obama is taking his fiscal cliff plan on the road to michigan. this is a key week for negotiations and it comes one day after the president met with john boehner. hallie jackson has the latest. why is this week so important? >> if there is a deal, both sides have to sell it to their respective sides soon. that is if they can come to a compromise. >> will lie except a tax compromise -- will i accept a tax compromoise? yes? >> i think that is the best route we can take. >> the trade-off for giving in on one of the biggest tradeoffs, the fiscal cliff negotiations. >> it is up to the republican leadership to say they will cool along with it and then we will start negotiating on the other side. >> some are not backing down, and neither is president obama. today he takes his case to detroit. he had a private talk with john boehner yesterday at the white house. all we know for sure is that the lines of communication are still open. >> i believe we can give businesses and families a sense of security going into the new year. >> the heart of these negotia
. >> president obama is taking his fiscal cliff plan on the road to michigan. this is a key week for negotiations and it comes one day after the president met with john boehner. hallie jackson has the latest. why is this week so important? >> if there is a deal, both sides have to sell it to their respective sides soon. that is if they can come to a compromise. >> will lie except a tax compromise -- will i accept a tax compromoise? yes? >> i think that is the best route...
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Dec 9, 2012
12/12
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WBAL
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. >> unemployment rate came out this week, the lowest of president obama's presidency, a new poll from quinnipiac shows him at a three-year high in his approval rating. how much did those numbers play into his negotiating position? >> i think they play a lot. there's a reason why the president says sure we'll go over the cliff, this is what we're going to do and he goes right to the public. there's bad blood from last summer still in terms of how these two guys negotiate mind the scenes. secondly the president is also saying to his base i'm going to go out there and i'll be tough because i've won the election, i've got people behind me, there's popular support for tax increases and i think he takes that and uses that right now. believe me, republicans get it. they see this as numbers, they understand the impact of the election. they get that, and i think that's why they're willing to deal. >> all of this will be front and center on "meet the press." who do you have coming up? >> senator dick durbin and representative kevin mccarthy, hopefully we'll get a clearer picture beyond what we'
. >> unemployment rate came out this week, the lowest of president obama's presidency, a new poll from quinnipiac shows him at a three-year high in his approval rating. how much did those numbers play into his negotiating position? >> i think they play a lot. there's a reason why the president says sure we'll go over the cliff, this is what we're going to do and he goes right to the public. there's bad blood from last summer still in terms of how these two guys negotiate mind the...
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Dec 5, 2012
12/12
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the palace announced catted is less than twelve weeks along. she's reportedly feeling better but is expected to stay in the hospital for several days. >>> president obama's second inauguration in january is expected to be a much smaller event than his first inauguration. four years ago his historic inauguration as the first black president drew a crowd of 1.8 million people. this coming ceremony is likely to be were smaller due to the looming economic crisis, our nation's exit from war, and the reshuffling in congress. president obama will be sworn in on january 20th. the public ceremony will be the following day. >>> the rain will impact that morning commute. you don't need a ton of rain to make a mess of the morning commute. the showers are not going to be that substantial especially in the south bay, it will hit in the morning commute and it will be wet, especially the very early morning commute. steve paulson and sal will be in here at 4:30 to talk about this. the north bail be drying out by then. in santa rosa right now, at the intersectio
the palace announced catted is less than twelve weeks along. she's reportedly feeling better but is expected to stay in the hospital for several days. >>> president obama's second inauguration in january is expected to be a much smaller event than his first inauguration. four years ago his historic inauguration as the first black president drew a crowd of 1.8 million people. this coming ceremony is likely to be were smaller due to the looming economic crisis, our nation's exit from...
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Dec 10, 2012
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president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on higher rates for top earners arguing raising rates on the rich will give them gre
president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing...
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test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the day that north carolina saved from the union and america stars and stripes ripping at the seams there's no doubt in my mind that it is inevitable i mean something like this with the debt this country has with the growing disunion in the among the people they can't last forever and that's through the lesson of history big empires always collapse on their own weight secession supporters like bernard first some say washington's weight of growing debt and loose wars government intrusion and a broken immigration system has become a bipartisan destructive force is beyond reform you can't reform that fe
test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the...
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they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican propoise -- proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> reporter: republicans say if bush-era tax cuts are not extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make their point. >> max olson opened an shrpses company this year. and is concerned he won't be able to add hmmees-- employees. >> you add their payroll and extra tax amount. and i may not be able to hire them because of it. >> reporter: i'm here to tell -- >> i'm here to tell you nobody wants to get this done more than me. >> reporter: the president said he wants to
they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican propoise -- proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues we're putting on the table are going to come from, guess...
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soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of the way and deal talking can go on. the brinksmanship is political theater and necessary in the process. chris: both pretend they're willing to go over? >> to both show resistance and then incrementally get towards -- chris: you covered the greek situation and watched the hell that went on over there. give me a picture of that and where we're headed if we don't deal in the short run with the debt problem and the cliff and later on, what do we face in this country? >> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal wi
soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of...
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Dec 10, 2012
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we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at this point in the
we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from...
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Dec 2, 2012
12/12
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. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the day. some places have already seen a foot of rain since yesterday. people living in northern california, oregon and washington state are bracing for rising rivers and possible mudslides. >>> supporters of mohammad morsi blocked the high court from indefinitely suspending all court sessions. that would suspend a ruling on the drawing up of egypt's new constitution. president morsi declared his decisions are now immune from judicial oversight. >>> it is a frightening and deadly scene in japan. just look at this. at least two cars are still trapped inside a highway tunnel after a massive se
. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the...
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Dec 10, 2012
12/12
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WBAL
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that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want big spending can you tell us to programs. >> we don't want to be back here in another year and another 10 years answering the same questions. >> as the talks continue on both sides americans from main street to wall street wait to see who will blink first. >> both sides are earring to wind down t
that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the...
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Dec 10, 2012
12/12
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i'll be back at the end of the week, my friend. >> by thursday, right? >> yes. perhapsly have resolved the whole fiscal cliff thing in the meantime. >> excellent. >> president obama is taking his great reasonableness tour on the road again, but before the president presses his case in michigan, he and speaker boehner hold a closed-door our lips are sealed meeting on the fiscal cliff. are the seas slowly parting for compromise? we will ask michael steele, jonathan tate, and margaret carlson. plus, sweeping historic legislation from the white house or hair-tugging small ball congressional battle? what shape will immigration reform take? we will ask jose diaz ballart. >>> the supreme court gears up for laned mark term for some rights. we will look at the high court's high-low options in deciding the future of same-sex marriage. all that when "now" starts in a mere 180 seconds. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] aw
i'll be back at the end of the week, my friend. >> by thursday, right? >> yes. perhapsly have resolved the whole fiscal cliff thing in the meantime. >> excellent. >> president obama is taking his great reasonableness tour on the road again, but before the president presses his case in michigan, he and speaker boehner hold a closed-door our lips are sealed meeting on the fiscal cliff. are the seas slowly parting for compromise? we will ask michael steele, jonathan tate,...
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it's all right quit for the week. most lawmakers assume correctly there are bit players until there's a deal. that looks more complicated until mr. obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows the only major deficit cutting deals we ever do around here, ever comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt but it's a non-starter for those of us who do. >> reporter: public opinion generally is on the preside
it's all right quit for the week. most lawmakers assume correctly there are bit players until there's a deal. that looks more complicated until mr. obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit...
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Dec 10, 2012
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last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up. it's true. y'all don't like that, huh? we can solve this problem. all congress needs to do is pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means 98% of americans and probably 100% of you. >> in some republicans are slowly but steadily fatesing a reality on the fiscal negotiations. leading the way, senator bob corker of tennessee. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate i
last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up....
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Dec 2, 2012
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right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination of reductions in credits unless matched dollar for dollar. his pledge has been useful to the republican party for a number of reasons. first, it led the republican party to push tax policies that move hundreds of billions of dollars into the bank accounts of wealthy people. it's also given the central right a single, simple policy objective to pursue, no matter what. a kind of north star for modern conservatism. now, members of congress seem to be losing their way. >> there's a lot that has been said about this pledge. i will tell you, when i go to the constituent tha
right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination...
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Dec 10, 2012
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. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>> and it's unseasonably warm outside. but we have not seen any sunshine today. bob is updating your first warning forecast coming up. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. you, hang up first. no, you!! [ female announcer ] after school, get to pizza pleasin' faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've g
. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>>...
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Dec 5, 2012
12/12
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WUSA
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behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues we're putting on
behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues...
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they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >> reporter: health republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make their point. >> reporter: max olsen opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payroll, plus an extra tax amount. then i might not be able to hire them because of it. >> reporter: president obama pressed his case tuesday with ceos of some of the country's largest companies. >> and i'm here to tell you that nobody want
they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >>...
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Dec 10, 2012
12/12
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WTTG
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, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however, democrats insist the speaker's plan is not enough. >> fox 5 political analyst mark plotkin joining us now to help sort out what went on between the president and house speaker john boehner today. it was looking pretty hopeless friday, now this, so what has actually changed? >> this is actual progress. you remember house speaker boehner said i'm here to give you a progress report. that was on friday, no progress and now they're actually meeting and you're hearing from republican senators and these are not far left wing republicans like senator corker of tennessee and senator colburn. you c
, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however,...
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Dec 3, 2012
12/12
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CURRENT
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we have a good three weeks ahead of us. maybe a little less for them to posture for two and a half weeks and 48 hours, john boehner and president obama will be on the phone making a final deal. >> so at the end of the day, you think there will be a deal and we don't go over the fiscal cliff. >> i used to think we were going to go over the cliff. i wouldn't put it past them. there is certainly some add vantedage for the going over the cliff for democrats. they can do nothing and what happens? everything expires sequester clicks in and we start for scratch and peput forward the same damn bills, middle class tax cuts and people are put in a position where they have to vote, this is the only thing they can vote for. >> every american if they don't act, if boehner holds his ground, they -- every american every american's taxes will go up. >> that's $2,000 to middle class families january 1st and everybody will know who is responsible. right? >> right. >> president obama, john boehner right here democrats have the advantage here
we have a good three weeks ahead of us. maybe a little less for them to posture for two and a half weeks and 48 hours, john boehner and president obama will be on the phone making a final deal. >> so at the end of the day, you think there will be a deal and we don't go over the fiscal cliff. >> i used to think we were going to go over the cliff. i wouldn't put it past them. there is certainly some add vantedage for the going over the cliff for democrats. they can do nothing and what...
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Dec 6, 2012
12/12
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in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his fellow republicans for being a compromiser. when did compromise get to be a dirty word. >> we've seen signs of compromise on the side of john boehner and seen republicans go after him for doing that. >> exactly. it's a price of being a leader. what do you have for us in the next half-hour? >> it's the season we're dressing up our homes with a lot of holiday decor. it looks fantastic but can also be a little dangerous. we'll run through some of the possible dangers you might be having in your home right now. >> thanks, jess. >> you got it. >>> police are looking for suspects if the dri
in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his...
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Dec 3, 2012
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it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way t
it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but...
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Dec 10, 2012
12/12
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reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargain. jon: special report anchor bret baier joins us now in washington. if people like senator corker say the tax increases would be okay with them on the highs income earners in this country it seems that that is bound to b
reuters is reporting the house republican offer issued last week, quote, remains the republican offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you...
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Dec 7, 2012
12/12
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it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to washington for more funds to cover the cost of hurricane sandy. christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the
it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to washington for more funds to cover the cost of hurricane sandy. christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state...
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Dec 10, 2012
12/12
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CNBC
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still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> i just want to be sure
still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a...
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Dec 10, 2012
12/12
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KRON
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. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men have been for vessel jo
. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of...